Angel City Football Club Expands Lease At Media Park Santa Monica For 14,361 Square Feet
3211 Olympic Boulevard & 1855 Centinela Avenue
Building Size
28,722 SF
Asset Type
Office
Closing
Apr 7, 2026
AI
The asset involved in the transaction is an office space located at 3211 Olympic Boulevard & 1855 Centinela Avenue in the Santa Monica market. The property has a total square footage of 14,361 and is characterized by features such as 22-foot ceilings and large private outdoor areas. The layout is designed with a focus on collaboration, catering to the tenant's demand for a hospitality-driven, non-corporate office environment.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: 65-month
- Landlord: Vista Investment Group
- Tenant: Angel City Football Club
- Landlord's Representative: Mitch Stokes - Avison Young; Joe King - Madison Partners
- Tenant's Representative: Phillip Ruhl & John Zanetos - CBRE
The lease renewal was announced by Avison Young, reaffirming Angel City Football Club's commitment to a long-term tenure at Media Park Santa Monica, a 100,000-square-foot creative office campus. This lease reflects the growing trend towards flexible work environments that support collaborative and innovative work culture.
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Santa Monica Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93